AI is making life more expensive: power bills, PCs and jobs

Moody's estimates US households spend about $375 more a year due to AI's inflationary impact. Data centers strain power grids, a memory chip shortage is pushing up computer prices, and BCG forecasts AI will replace 10–15% of US jobs within five years.

• Moody's: US households pay ~$375 more a year due to AI-driven inflation
• Data centers used 4.4% of US electricity in 2023, share may more than double by 2030
• BCG: AI will replace 10–15% of US jobs within five years
• Memory shortage raised prices of Apple and Microsoft laptops, desktops and phones